Committee for a Responsible Federal Budget
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Welcome to our blog – The Bottom Line, where you’ll find up-to-date commentary and analysis on the most important news in the fiscal world. Below is a list of our blog posts.

Dec 26, 2016

2016 Fiscal Follies and Reasons for Hope

As 2016 comes to a close, it’s time to look back at the top fiscal developments of the year. Being optimists here at the Committee for a...
Eugene Steuerle
Dec 22, 2016 | Budget Process

Event Recap: Gene Steuerle Explains How the Budget Offices Can Reframe Our Long-Term Budget Problems

At the Savings and Retirement Foundation’s December meeting, Gene Steuerle, Urban Institute Fellow and CRFB Board Member, presented his recent paper...
Concept_Health Care_Senior
Dec 22, 2016 | Social Security

CBO Releases Additional Details on Social Security Projections

CBO's annual report on their long-term projections for Social Security continues to show a major shortfall for the program, even larger than the...
Other Spending_Transportation_Highway
Dec 19, 2016 | Other Spending| Taxes

Can Delaney Provide a Bipartisan Way Forward for Infrastructure and Tax Reform?

As discussions about President-elect Trump's first 100 days agenda continue, Representative John Delaney (D-MD) is suggesting that a bill he...
Social Security_Card_Layered
Dec 14, 2016 | Social Security

The Greenspan Commission at 35: Time for Another Commission?

December 16 marks the 35th anniversary of the establishment of the National Commission on Social Security Reform – or the Greenspan Commission...
Dec 12, 2016 | Budgets & Projections

Mike Murphy: 10 Things Trump Should Do to Secure Our Fiscal Future

Mike Murphy, the Chief of Staff and Director of Strategic Initiatives at the Committee for a Responsible Federal Budget, wrote a guest post that...
Social Security_Card_Layered
Dec 9, 2016 | Social Security

Johnson Introduces Social Security Solvency Legislation

Chairman Sam Johnson (R-TX) of the Ways and Means Subcommittee on Social Security introduced a bill yesterday to make Social Security sustainably...
Concept_Men Analyzing
Dec 9, 2016 | Economics

Don't Count on 4% Growth

During the campaign, President-elect Trump frequently claimed his policies would grow the economy by 4 percent per year, also mentioning growth...
Dec 8, 2016 | Budgets & Projections

CBO Releases 2016 Budget Options

The Congressional Budget Office released a report Options for Reducing the Deficit: 2017 to 2026, with 115 budget options that either increase...
Tom Price
Dec 8, 2016 | Budget Process

Event Recap: Chairman Price Releases Budget Process Agenda

House Budget Committee Chairman Tom Price (R-GA) outlined his recommendations for budget process reforms last week during a keynote lecture at an...
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Dec 7, 2016

Co-Chairs Daniels, Panetta, and Penny Urge Trump to be Fiscally Responsible

At an event in Washington, DC on December 1, CRFB co-chairs Mitch Daniels, Leon Panetta, and Tim Penny presented their memo to President-elect Donald...
Rudolph Penner
Nov 30, 2016 | Taxes

Rudolph Penner: Enacting the Trump Fiscal Agenda Won't Be Easy

Dr. Rudolph Penner was the director of the Congressional Budget Office from 1983 to 1987, and he is an Institute Fellow at the Urban ...
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Nov 30, 2016 | Health Care

What's The Plan to Replace 'Obamacare'?

When President-elect Trump takes office, repealing and replacing the Affordable Care Act ("Obamacare") is likely to be an early agenda item...
Taxes_1040 Form
Nov 30, 2016 | Taxes

Judd Gregg: Passing Tax Reform 101

Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
Health Care_Doctors
Nov 30, 2016 | Health Care

Cures Bill Has Been Released

Note: This blog has been updated from its original posting to account for the manager's amendment, which strikes the child and family services...
Nov 28, 2016 | Other Spending

Senator James Lankford Releases Second Federal Fumbles Report

Senator James Lankford (R-OK) today released his second annual report on the federal government’s wasteful spending, Federal Fumbles: 100 Ways...
Concept_DC_Capitol Building
Nov 28, 2016 | Budget Process

Budget Process Reform Options

Update (3/27/2017): This blog has been updated to reflect the additional options in our paper: “Setting the Benchmark: Reforms to Budget Baseline...
Eugene Steuerle
Nov 21, 2016 | Other Spending

Gene Steuerle: Six Bipartisan Opportunities for President-elect Trump

Dr. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute fellow at the Urban Institute and a member of the Committee for a Responsible...
Donald Trump
Nov 21, 2016 | Economics

Trump Will Face Highest Debt-to-GDP Ratio of Any New President Since Truman

When President-elect Donald Trump takes the oath of office on January 20, 2017, debt as a share of the economy will be higher than at the start of...
MacGuineas on Face the Nation
Nov 21, 2016 | Economics

Maya MacGuineas on Face the Nation

Committee for a Responsible Federal Budget President Maya MacGuineas appeared on Face the Nation on November 20, 2016.